The Market System

July 21, 2019

Astronomically Different Prices for an Apollo 11 Videotape

Sold twice at auctions, the two prices of the Apollo 11 videotapes were astronomically different because of changes in demand and supply.

July 2, 2019

The Problem With Healthcare Price Shopping

While healthcare price transparency sounds like a logical way to constrain soaring healthcare costs, the results were not quite what we expected.

March 22, 2019

When Awards Give Us More or Less Than We Expect

While awards are all about recognition, inspiration, and appreciation, sometimes they are not exactly what we expect them to be.

March 19, 2019

A 2019 Update: The World’s Top and Bottom Laissez-Faire Countries

The Index of Economic Freedom is a handy source of data for judging whether or not a government has a laissez-faire philosophy.